185 Paxton WayGlastonburyCT06033
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Glastonbury at 185 Paxton Way, Glastonbury, CT, 06033 offers $5,203/mo rent that, after a $5,873/mo payment. Total monthly income is $5,203/mo. Return on cash invested measures 11.26% in year one, and rental yield stands at 5.2% at a $1,199,900 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,510 by year five. Five-year ROI records 57.21% and total cumulative return in cash reaches $222,424. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,203/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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Listed by: Linda Edelwich Team • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104176
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.